Industrial park segment benefiting from PPP model promotion Consumer & Media Daily Japan Research Pack NDR Update; Key Catalysts Approaching Lowering PT to HK$7.4 – Core operations in line in 1H First contract from international auto brand Negatives priced in, Buy on dips Softer October Lodging Data, But May Be More Corporate Driven; We Think OTA Trends Stable Monthly Dispatch - November 2016 Info Services Provide Stability of Growth and High Margins in Evolving Macro Environment - ALERT